Provide all accounts and the proper amounts for each box. Brislte, Inc, collects...
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Accounting
Provide all accounts and the proper amounts for each box.
Brislte, Inc, collects cash from customers in advance and from other customers after the sale Read the tequirement a. Journalize Brislte carrning service revenue of S18,000 on account and then collecting S7,000 on account. (Record debits first, then credits. Exclude explanations from any jourrial entrics.) Start hy recording Brislte eaming $18,000 of service revenue on account Date Deblt Credit 2018 Next, record the entry to show Brisite collecting $7,000 cash for a portion of the revenue previously eamed on account Journal Entry Date Accounts Debit Credit Requirement 2018 Joumalize the following transactions for Brislte a. Accrued revenue. Some customers pay Brislte after Brisite has performed the service for the customer. During 2018, Brislte performed services for $18,000 on account and later received cash of $7,000 on account from these customers. b. Journalize Brislte receiving $5,500 in advance and then earning $3,500 as service revenue. Start by recording Brislte's cash collections in advance of services being performed. b. Uncarned revcnue. A few customers pay Brislte in advance, and Brislte later performs the service for the customer. During 2018, Brislte collected $3,500 cash in advance and later earned $3,500 of this amount Journal Entry Date Debit Credit 2018 Print Done Finally, record the entry to show Bislte earning $3,500 of the service revenue that was collected in advance Journal Entry Date Accounts Debit Credit 2018 Choose from any list or enter any number in the input fields and then continue to the next
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